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    55 W Ferguson Ave Wood River, IL 62095

    For Sale
    $45,000

    Unimproved Land - Wood River, IL

    Type:Unimproved Land
    Property size:
    4,748 SF
    Lot size:
    0.14 Acres
    Days on Market:
    62
    Last Refresh:
    Dec 5 at 6:06 am

    Property Features for 55 W Ferguson Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    19-2-08-28-08-204-021
    Size
    4,748 SF
    Lot size
    0.14 Acres

    Building Details

    Year built
    1925
    Building materials
    Brick
    Architectural style
    Other

    RE/MAX Alliance (618) 975-6043 [email protected]

    Listing agent Lisa Funk (618) 466-7100 License #471000228

    Listing date Oct 5, 2025

    MLS# 25023179 Listing URL

    Copyright © 2025 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Wood River Land For Sale

    This is a masonry 2-story building situated on a corner lot. The property offers ample space for an outdoor patio and includes a few off-street parking spots in the rear, along with a 2-car garage. The building has been gutted to its original shell, making it ready for a new build-out. It features a partial basement with a concrete floor. The property is located in the Wood River TIF district. It has two addresses (53 & 55) but is identified by a single parcel ID. The property is located downtown in a city corner location. The lot size is 0.1435 acres, and the property size is 4,748 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wood River
    County
    Madison
    State
    Illinois
    Longitude
    -90.099789
    Latitude
    38.861179

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    FAQs

    What type of property is this?
    Storefront property - Unimproved land in Wood River, Illinois, ready for new development.
    Where is this storefront property located?
    The property is located at 55 W Ferguson Ave Wood River, IL.
    What is the asking price?
    The asking price for this property is $45,000.
    What are key features of this property?
    This property features: - Ready for custom build-out, gutted to original shell.; - Located in Wood River TIF district.; - Includes a 2-car garage.
    (618) 466-7100
    Request Owner's contact information
    55 W Ferguson Ave Wood River, IL 62095
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    Wood River, IL 62095
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    55 W Ferguson Ave Wood River, IL 62095
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